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farisoftrading

AUDCAD - 1hour chart: Price reversed from the top

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
farisoftrading  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis
7
0
trendanalysis
Price reversed from an ascending channel that is lined up with a daily descending trend line, it has the potential to break out of the ascending trend line and move lower, i will be waiting for a break out of the channel and will look for a bearish corrective structure to sell at the breakout
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